First of all, I appreciate the men and women who choose to serve in the armed forces for our country. And I do not mean to offend them in any way, but instead try to gain insight in some questions that I have.

Why d...

Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...

I own a 3-family property in Massachusetts and use a property manager to handle nearly everything since I am currently out of the country. I've used this particular manager for 2+ years now and haven't received any co...

Hello BP Meembers,

I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...

Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...

If YOUR party loses-How will YOU react?

This is NOT meant to start conflict! The below is my personal experience only and I DO NOT expect others to agree! I would like to hear others views and...

Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...

I am just starting out.

I have done research all during 2013 on how this process works. I have visited many single family homes in my area listed on the MLS with the intention of buying them on the spot if I ...

Hi everyone,Newbie to Wholesaling RE and I could use an experts advise. Hopefully this is seen by someone in the Belleville, Illinois area. This my first potential deal, with very motivated sellers. They bought a hous...